In a recent YouTube video, Michaël van de Poppe highlighted Ethereum and Optimism as top choices for the crypto bull run. He stated that Optimism is near the end of its accumulation stage, after which its value will likely surge, while a new Spot Ethereum ETF could drive up Ethereum’s value. Meanwhile Everlodge is gaining traction during its presale, and could rival both of these investments.
Could An Ethereum ETF Boost Its Value?
Ethereum’s value has increased by 9.2% over the last month, taking the project to $2,384 before declining to its current price of $2,248. This price increase has triggered a rise in Ethereum’s daily trading volume, which recently hit $13 billion.
According to Poppe, the approval of a Spot Ethereum ETF could fuel additional price increases. His predictions go as high as $3,000 for this cycle, which would put Ethereum in a strong position to chase a new all-time high going into 2024.
Is Optimism The Next Big Altcoin?
Optimism has been one of the best performing altcoins of 2023. Its value has increased by 121%, and Poppe believes this is just the tip of the iceberg. After finalizing its accumulation stage Poppe states that Optimism will experience an additional price surge, which could take Optimism to new highs in 2024.
According to data from IntoTheBlock Optimism has become the leading L2 network in terms of active addresses, a huge milestone for a project that was overlooked by many investors. Should Optimism continue to grow, it could become one of the most profitable cryptocurrencies during the next DeFi bull run.
Everlodge Combines AirBnB And Web3
Few projects in the DeFi space have attracted as much attention as Everlodge (ELDG.) This exciting new project is pioneering DeFi developments in the real world, introducing Web3 to vacation properties.
With Everlodge, investors can buy fractionalized NFTs that represent equity in a property. These NFTs let investors own a fraction of a vacation property, generating a rental income based on how much they own. For example, if an investor owns a 25% share in a property that generates $10,000 a month, they will make $2,500 a month. This unique application is designed to disrupt the multi-billion dollar travel property market, which is currently monopolized.
The Everlodge platform is designed to be easy to use and minimize restrictions. For example, investors don’t need to undergo numerous background checks to get started. Instead, they can sign up and invest straight away.
Everlodge will use ELDG tokens to power its ecosystem, rewarding holders with numerous benefits. These include voting rights, staking income streams, discounts on properties, and even free stays at properties within the Everlodge ecosystem. These stays are an opportunity for a free holiday, or they can be sold for an additional income.
Analysts believe that Everlodge could become a game changer in the travel property market. Tokens are currently available for just $0.027, though will soon increase as stage eight of the Everlodge presale sells out.
For more information about the ongoing Everlodge (ELDG) Presale, please visit their website.